Tag: tech jobs

Big tech forms a group to investigate the effects of AI on tech jobs
5Apr By adminNo Comments
Technology

Big tech forms a group to investigate the effects of AI on tech jobs

[ad_1] As artificial intelligence (AI) becomes increasingly prevalent in the tech industry, questions about its impact on jobs and the economy are gaining traction. Big Tech companies like Google and Microsoft, major players in AI development, are now collaborating to study the potential effects of AI on technology-related employment.Growing Concerns About Job DisplacementLed by Cisco, this consortium also includes industry giants such as IBM, Intel, SAP, and Accenture. Additionally, prominent labor unions like the AFL-CIO and the CWA are serving as advisors to the group. With the rise of generative AI technologies like chatbots and image generators, concerns about AI displacing human jobs have intensified, reported washingtonpost. Also read: Microsoft onboards former Google DeepMind co...
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5 things about AI you may have missed today: Google to use public info to train AI, tech layoffs, more
4Jul By adminNo Comments
Technology

5 things about AI you may have missed today: Google to use public info to train AI, tech layoffs, more

[ad_1] After announcing Gemini, a project by DeepMind aiming to surpass artificial intelligence models like ChatGPT yesterday, Google has now updated its privacy policy and is suggesting that it will only be using publicly available data to train its AI models. In other news, there is a growing number of tech layoffs due to the rise of AI which has concerned many researchers who believed tech roles would largely remain safe initially. This and more in today's AI roundup. Let us take a closer look.Google to use publicly available data to train AIA report by Gizmodo has revealed that Google has updated its privacy policy and now suggests that it will use any data that is publicly available (can be read by Google) to train its AI models. “Google uses the information to improve our services...
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Unleash the power of data science to propel your career with these online learning tools
16Jun By adminNo Comments
Technology

Unleash the power of data science to propel your career with these online learning tools

[ad_1] In the rapidly evolving digital landscape, where more than half of the world's economies are expected to become digital by 2023, businesses are gearing up for this shift by investing heavily in essential technologies through robust API-based digital platforms and communities. Consequently, the fields of data science and machine learning are experiencing tremendous growth within the IT industry. If you're looking to get started quickly, enrolling in an online data science course from one of the top institutions is the way to go. However, finding the right technology or course can be a time-consuming task for many professionals. To assist you in your search, we have curated a list of the best online platforms for learning data science. Whether you're a novice or an experienced prof...
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WhatsApp, Amazon, Google, Meta to Twitter-Big Tech’s job-slashing wave
15Mar By adminNo Comments
Technology

WhatsApp, Amazon, Google, Meta to Twitter-Big Tech’s job-slashing wave

[ad_1] Facebook owner Meta's announcement on Tuesday that it will shed 10,000 jobs over the next few months is the latest in a series of mass layoffs in the once-unassailable tech sector, which is facing a huge downturn.The cuts in the company that also owns Instagram and WhatsApp, follow a cull of 11,000 jobs announced in November. Here are the others: - Amazon -The online retail giant said on January 5, 2023 it would cut more than 18,000 jobs, citing "the uncertain economy" and the fact it had "hired rapidly" during the Covid pandemic.During Covid, Amazon had gone on a hiring spree to meet an explosion in demand for deliveries, doubling its global staff between the beginning of 2020 and start of 2022.At the end of September, the group had 1.54 million employees worldwide.- Google -On...
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Big Tech Binged on Workers During Covid. Now, the Purge.
27Jan By adminNo Comments
Technology

Big Tech Binged on Workers During Covid. Now, the Purge.

[ad_1] The spate of layoffs is a reaction to a hiring wave during the pandemic that got out of hand. But will it be an overreaction? The layoff announcements coming lately from the chief executive officers of big technology companies all contain variations on the theme of “we hired too many people during the pandemic,” expressed with varying degrees of contrition. At one end of the spectrum are Seattleites Andy Jassy of Amazon.com Inc. and Satya Nadella of Microsoft Corp. Amazon's layoffs were simply an outgrowth of its annual review, Jassy wrote, although he did allow that “this year's review has been more difficult given the uncertain economy and that we've hired rapidly over the last several years.” Microsoft's Nadella opted for bland corporatespeak: “As we saw customers acceler...
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Microsoft’s dour outlook raises red flags for tech sector
26Jan By adminNo Comments
Technology

Microsoft’s dour outlook raises red flags for tech sector

[ad_1] The warning from Microsoft came after a steep fall in client spending prompted tech heavyweights from Amazon.com Inc to Meta Platforms to slash jobs and save cash. Microsoft Corp's lackluster quarterly outlook points to more gloom ahead for the tech sector, analysts said, after the tech bellwether warned that its customers were cautious about spending in a turbulent economy. The warning from Microsoft, the second most valuable U.S. company, came after a steep fall in client spending prompted tech heavyweights from Amazon.com Inc to Meta Platforms to slash jobs and save cash. Microsoft, along with Big Tech peers Amazon and Apple Inc, pared losses from earlier on Wednesday to trade nearly 1% lower. Alphabet Inc was down 3%. The companies are four of the biggest by market val...
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Google Cuts Add to Tech Wipeout That’s Claimed Over 100,000 Jobs
22Jan By adminNo Comments
Technology

Google Cuts Add to Tech Wipeout That’s Claimed Over 100,000 Jobs

[ad_1] Alphabet Inc.'s plan to reduce headcount by more than 6% — about 12,000 roles — is adding to mass job cuts that are accelerating at technology companies around the world.The tech sector announced 97,171 job cuts in 2022, up 649% compared to the previous year, according to consulting firm Challenger, Gray & Christmas Inc. Disclosures about cuts at Google's parent company, Microsoft Corp., and Amazon.com Inc. have added another 30,000 positions in January.Big tech companies like these benefitted from a boom in e-commerce spending and remote work that kicked off during the Covid-19 pandemic lockdowns in 2020. Now, many of these businesses are reporting disappointing growth rates and dealing with sagging share prices as customer behavior returns to normal. Their leaders are sayi...
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